The table below looks at the statistics for Tesseract skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Tesseract over the 3 months to 29 April 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
29 Apr 2016
Same period 2015 Same period 2014
Fidessa LatentZero Tesseract
Rank - 415 420
Contract jobs citing Tesseract 0 6 7
As % of all contract IT jobs located in London - 0.027% 0.030%
As % of the Business Applications category - 0.32% 0.32%
Number of daily rates quoted 0 6 4
Average daily rate - £550 £575
Average daily rate % change year-on-year
- -4.30%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Tesseract
England

The following table is for comparison with the above and provides statistics for the entire Business Applications category in contract jobs advertised in the London region.

Business Applications Category
London
Contract IT job ads with a match in the
Business Applications category
1730 1876 2162
As % of all contract IT jobs located in London 7.52% 8.37% 9.26%
Number of daily rates quoted 1137 1197 1389
Average daily rate £450 £480 £450
Average daily rate % change year-on-year
-6.25% +6.66%
90% offered a daily rate of more than £300 £315 £321
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate £425 £425 £400
% change year-on-year
- +6.25%
Number of hourly rates quoted 12 6 8
Average hourly rate £24.25 £30.00 £16.91
Average hourly rate % change year-on-year
-19.16% +77.40%
90% offered a hourly rate of more than £17.18 £17.20 £15.45
10% offered a hourly rate of more than £53.80 £52.50 £53.75
UK excluding London average hourly rate £27.50 £32.00 £37.50
% change year-on-year
-14.06% -14.65%

Tesseract
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Tesseract across the London region as a proportion of the total demand within the Business Applications category.

Tesseract Jobs Demand Trend in London

Tesseract
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Tesseract across the London region.

Tesseract Daily Rate Trend in London

Tesseract
Top 12 Related IT Skills in London

For the 6 months to 29 April 2016, IT contractor jobs across the London region citing Tesseract also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Tesseract.

1 5 (100.00%) Fidessa
1 5 (100.00%) Minerva
2 2 (40.00%) Finance
2 2 (40.00%) Sentinel
2 2 (40.00%) User Acceptance Testing
2 2 (40.00%) Test Scripting
2 2 (40.00%) Functional Testing
3 1 (20.00%) Investment Management
3 1 (20.00%) QA
3 1 (20.00%) Front Office
3 1 (20.00%) Equities
3 1 (20.00%) LatentZero

Tesseract
Top Related IT Skills in London by Category

For the 6 months to 29 April 2016, IT contractor jobs across the London region citing Tesseract also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Tesseract. Up to 20 skills are shown per category.

Business Applications
1 5 (100.00%) Minerva
2 2 (40.00%) Sentinel
3 1 (20.00%) LatentZero
General
1 2 (40.00%) Finance
2 1 (20.00%) Front Office
Job Titles
1 3 (60.00%) Systems Tester
1 3 (60.00%) Tester
2 2 (40.00%) Analyst
2 2 (40.00%) Test Analyst
3 1 (20.00%) Fidessa Analyst
3 1 (20.00%) Fidessa Test Analyst
Miscellaneous
1 1 (20.00%) Equities
Processes & Methodologies
1 2 (40.00%) Functional Testing
1 2 (40.00%) Test Scripting
1 2 (40.00%) User Acceptance Testing
2 1 (20.00%) Investment Management
Quality Assurance & Compliance
1 1 (20.00%) QA
Vendors
1 5 (100.00%) Fidessa